Day trader can be successful both as scalpers and as swing traders. You should choose the trading style according to your knowledge, skills, traits, etc. Also, it is more difficult to be a profitable scalper than a profitable swing trader, especially for a newbie.

Day trader can be successful both as scalpers and as swing traders. You should choose the trading style according to your knowledge, skills, traits, etc. Also, it is more difficult to be a profitable scalper than a profitable swing trader, especially for a newbie.

Click to expand...

I am a Day trader and all i can say is that i am selective when it comes to trading.

It only means that i will see if i have a good trading opportunity then only i will enter the markets or else will see what is happening and do not do any trades at all

Swing Trading is the best. You focus on the larger moves that are less affected by short-term volatility/spiks and you can earn hundreds of Pips per trade in a fairly short time period.

Many Swing Trading strategies require holding trades for several days and even weeks which can be too long for some traders to wait. However, some strategies can hit large targets within 1 or 2 Days such as this 102 Pip gain on the GBP CAD I made this week that took just 44 hours...

As a Swing Trader, you also can avoid paying attention to fundamental announcements which tend to be unrelated to the profitable moves that you target.

Agree with this point but Swing-trading also has to carry the swap costs and you need larger fund to maintain your positions. But I see from experienced trader, they focus to gain profit with swing instead of scalping except they're specialized.

Day trader can be successful both as scalpers and as swing traders. You should choose the trading style according to your knowledge, skills, traits, etc. Also, it is more difficult to be a profitable scalper than a profitable swing trader, especially for a newbie.

Click to expand...

Agree! Both strategies are good for day trader, but it depends on the trader itself. I've seen many newbies were trying scalping as their first strategy, but most of them were not survive in 5 days and moved to another trading strategy...

Agree with this point but Swing-trading also has to carry the swap costs and you need larger fund to maintain your positions. But I see from experienced trader, they focus to gain profit with swing instead of scalping except they're specialized.

Click to expand...

No worried about swap fee if we choose islamic account with check box free swap when we register new account, my broker also offer free swap for their client, although as swing trading and let order opened more than a day or week, will never charged swap fee or overnight interest, swing trading will profitabe if trader can analyze the trend market properly, also if scalping if trader have good skill hence they can making good profit also.

Kinds of market always changed, if we trade on strong trending market, with use swing trading strategy will more profitable, but not always trend will strong movement, if occur kinds of market on sideways movement, trader swing might they need patience to waiting good signal breakout, and scalping might can play on sideway market.